SAMHI Signs Rs 1.4 Billion Hotel Deal in Hyderabad

01 Sep 2025 CW Team

The hotel will form part of a larger mixed-use development. Aurean Eskar will undertake the building’s development and subsequently hand over the completed structure to SAMHI for interior fit-outs and branding. SAMHI’s scope of development is expected to cost between Rs 1.25 billion and Rs 1.43 billion.

The transaction is structured as a long-term variable lease, allowing SAMHI to benefit from the hotel’s operational upside while maintaining a capital-efficient growth model. This approach aligns with SAMHI’s strategy of scaling in key micro-markets through cost-effective expansion.

The new hotel will be SAMHI’s third in the Financial District, following the Sheraton (326 rooms, including 42 under development) in the Upscale+ segment and Fairfield by Marriott (232 rooms) in the Upper Mid-Scale segment. This addition allows SAMHI to serve three price points in a market witnessing strong commercial and economic growth.

Aurean Eskar, the building’s developer, recently completed and fully leased One Golden Mile, a 500,000 sq. ft premium commercial tower in Kokapet’s Business District. The upcoming hospitality project marks Aurean Eskar’s entry into the hotel segment and reflects its continued expansion in Hyderabad’s evolving commercial real estate landscape.

Ashish Jakhanwala, Chairman and Managing Director, SAMHI Hotels Ltd, stated:

“With this agreement, we deepen our footprint in Hyderabad’s Financial District by adding a mid-scale offering to complement our existing hotels. This widens our customer reach and aligns with our disciplined, performance-linked growth strategy.”

Pushkin Reddy and Rithwik Mali, Managing Partners at Aurean Eskar, added:

“We are excited to partner with SAMHI Hotels to bring a landmark hospitality project to the Financial District. This development enhances our commercial portfolio and contributes to balancing the real estate landscape in West Hyderabad.”

The transaction is subject to customary post-agreement conditions, and the final lease deed will be executed upon receipt of necessary building approvals. This strategic partnership strengthens SAMHI’s presence in Hyderabad and underscores its vision of building density and segment diversity in high-potential markets.

SAMHI Hotels Ltd, a leading branded hotel ownership and asset management platform in India, has announced the signing of an Agreement to Lease (ATL) for a new 260-room mid-scale hotel in Hyderabad’s Financial District. The agreement, executed through its wholly owned subsidiary Barque Hotels Pvt Ltd, was signed with Mrs P Pramoda, Mrs P Harika, and Aurean Eskar.The hotel will form part of a larger mixed-use development. Aurean Eskar will undertake the building’s development and subsequently hand over the completed structure to SAMHI for interior fit-outs and branding. SAMHI’s scope of development is expected to cost between Rs 1.25 billion and Rs 1.43 billion.The transaction is structured as a long-term variable lease, allowing SAMHI to benefit from the hotel’s operational upside while maintaining a capital-efficient growth model. This approach aligns with SAMHI’s strategy of scaling in key micro-markets through cost-effective expansion.The new hotel will be SAMHI’s third in the Financial District, following the Sheraton (326 rooms, including 42 under development) in the Upscale+ segment and Fairfield by Marriott (232 rooms) in the Upper Mid-Scale segment. This addition allows SAMHI to serve three price points in a market witnessing strong commercial and economic growth.Aurean Eskar, the building’s developer, recently completed and fully leased One Golden Mile, a 500,000 sq. ft premium commercial tower in Kokapet’s Business District. The upcoming hospitality project marks Aurean Eskar’s entry into the hotel segment and reflects its continued expansion in Hyderabad’s evolving commercial real estate landscape.Ashish Jakhanwala, Chairman and Managing Director, SAMHI Hotels Ltd, stated:“With this agreement, we deepen our footprint in Hyderabad’s Financial District by adding a mid-scale offering to complement our existing hotels. This widens our customer reach and aligns with our disciplined, performance-linked growth strategy.”Pushkin Reddy and Rithwik Mali, Managing Partners at Aurean Eskar, added:“We are excited to partner with SAMHI Hotels to bring a landmark hospitality project to the Financial District. This development enhances our commercial portfolio and contributes to balancing the real estate landscape in West Hyderabad.”The transaction is subject to customary post-agreement conditions, and the final lease deed will be executed upon receipt of necessary building approvals. This strategic partnership strengthens SAMHI’s presence in Hyderabad and underscores its vision of building density and segment diversity in high-potential markets.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..